What do you all find as best practice for evaluating the financial solvency of a GC you want to hire? If they can bear the cost in full of materials up front or is there anything else?
Hi BP members - I am not knowledgable about insurance. I'm lending to a borrower who has multiple flips going on. I just want to make sure I am adequately insured so would appreciate any feedback from insurance profes...
How would you resolve this issue?I recently came across a flip-style deal in Cincinnati, OH where the numbers looked excellent. All-in to buy and rehab the property at $160k with a conservative ARV of $220k and the p...
Hi BP!I live in San Francisco but have family in St Petesburg, FL involved in real estate where there market looks to have much better cap rate, investor friendly pricing and none of this California rent control hooey...
Hey guys. I am kind of an Excel nerd and spent some time putting together a cash flow model for passive (with a property manager) rental properties. Can you guys please review my math and let me know if there are any ...
Hi all, I’m a newbie and interested in shadowing a note investor to see if this is something I’d like to get into. I’ve been reading Dave Ban Horn’s book called Note Investing, and I’d prob start in performing notes (...
I am in attorney review on a 3 plex in Newark NJ. This will be my first investment property. Couple things are turning me off and curious if I am justified:
1) Property is fully occupied, but the seller does not have...
Hi All. Looking for something simple to manage the expenses of multiple rehabs (which will be sold retails within 6 mos.). Nothing too complicated. Checking BP but nothing sticks out. I will put something together...
This is probably common knowledge for most people, I just wish I had thought about it at the time. When I first created my domain name I couldn't find anything that had not yet been taken already in line with the indu...
I have an owner occupant/ seller who is willing to carry a note on the property at $20,000. It's worth easily $40,000 fixed up though he pays taxes on $50,000. It needs about $5,000-$6,000 in rehab and will rent for $...